AIBanks
Private placement ends in:
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Blockchain Secure Loan Marketplace as a Service
for banks, investors and "miners"
AIBanks makes loans records traceabale. So banks may sell loans to investors and never refuse borrowers.
70% of banking operations, regulations and costs are related to fraud prevention. Yet, low transparency and accountability of lenders is the major bottleneck of the industry development.

The largest loan marketplace lost 80% of capitalization after investors recognized that they cant trust its loans records.
THE LARGEST PROBLEM OF BANKING IS
FRAUD
If you knew where to look inside the loan company, things were worse than anybody realized.
CORE USE CASES AND SERVICES
to be available for banks and investors via AIB API
AI SALES AND UNDERWRITING

Borrowers get the best approved loan offers in a few seconds via banks or chatbots.
AIB AI reads and understands application documents and clients big data, requests additional information and makes offers based on preferences of banks and investors written in Smart Contract.
SMART CONTRACTS ORIGINATION

Banks and investors set up loans eligibility criteria in AIB Smart Contracts. Other banks, investors or brokers match loan applications with such contracts, originate and sell loans to the contract owner.
This ensures a fast, cost efficient, secure and compliant with regulations origination.
BLOCKCHAIN FRAUD PREVENTION

Investors and Regulators monitor loans portfolio and regulatory ratios in real time.
In particular, investors will be sure that appraisals, down payments and loan payments are not fraudulent.
This will trigger flow of money from capital markets to Home Equity and other loans.
TOKENS INSTEAD OF BONDS

Investors will be able to buy tokens secured by loans receivables (mortgages, SME, auto loans). Traditional securitization will be faster, safer and more cost efficient.
AI & Blockchain banking reviews
"Cloud based platforms, robotic process automation, and cognitive technologies are expected to be top priorities [for banks and capital markets firms], along with a push to replace aging core systems.
Partnerships with marketplace lenders may be highly sought to attain lending business diversification and scale."
"Blockchain technology may radically alter the process through which consumers buy a home, as well as the way financial institutions handle mortgages. Specifically, the technology could remove cost and friction from the process, create transaction records that are infallible and incorruptible, and facilitate nearinstantaneous settlement. It could also dramatically change the way mortgages are serviced and sold on the secondary market."
"The financial-services industry is up for serious disruption - Blockchain Revolution, it [financials industry] moves money, it stores money, it lends money, it trades money, it attests to money, it accounts for money, and so on.

Every one of those can be challenged."
"All loan data placed on the blockchain becomes immutable and is time-stamped within a verifiable audit trail. From the point of origination, there will no longer be a need to consult different data silos for different pieces of relevant underwriting and servicing information, creating one "true" and auditable source of data.
Blockchain will securely and confidentially track and relay security ownership information to authorized trustees to streamline security servicing. Regulators with full access rights could gain a systemic view of asset ownership and monitor systemic risks.

Blockchain and smart contracts could catapult the securitization industry into a new digital age."
"Borrowers may save up to $10 billion in interest payments through refinancing part of consumer debt with home equity loans in Russia."
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